A screen above the floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Wednesday, Jan. 25, 2017. The DJIA closed above 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. (AP Photo/Richard Drew)

And sure, both companies and investors are optimistic thanks to Trump's proposed tax cuts and anti-regulation policies, but there also hasn't been a correction in a very long time. And as Tom pointed out: corrections are healthy.

While it seems crazy, Tom would actually like to see the Dow fall back to 18,000 or 17,000.

Listen above to hear why Tom believes a 10% correction would make him feel better about the economy -- long term.